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+ - Murdoch says Amazon e-book prices kill paper books->

Submitted by hrimhari
hrimhari (1241292) writes "The settlement between Amazon and Macmillian got the attention of a known dinossaur. Consistent to his views, Mr. Murdoch wants to defend his book editors by killing the cheaper solution.

"We don't like the Amazon model of selling everything at $9.99," Murdoch said. "They pay us the wholesale price of $14 or whatever we charge," he said. "But I think it really devalues books, and it hurts all the retailers of the hardcover books."

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